VARG EIENDOM AS

3300 HOKKSUND

Finances

Return on Equity

−18,37 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	306 000	2 502 000	2 436 000	2 285 000
Net Income	−3 344 000	18 852 000	−63 000	−470 000
Total Assets	26 449 000	54 355 000	39 014 000	34 433 000
Total Equity	18 202 000	21 546 000	12 694 000	1 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	306 000	2 502 000	2 436 000	2 285 000
Expenditure	1 641 000	6 822 000	1 480 000	1 316 000
Operating Profit	−1 335 000	−4 321 000	956 000	969 000
Financial Income	364 000	23 257 000	784 000	441 000
Financial Costs	505 000	1 293 000	1 821 000	2 012 000
Financial Balance	−141 000	21 964 000	−1 037 000	−1 571 000
Earnings Before Tax	−1 476 000	17 643 000	−81 000	−602 000
Tax	1 868 000	−1 209 000	−18 000	−133 000
Net Income	−3 344 000	18 852 000	−63 000	−470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 772 000	27 290 000	36 085 000	32 365 000
Total Current Assets	677 000	27 066 000	2 929 000	2 068 000
Total Assets	26 449 000	54 355 000	39 014 000	34 433 000
Total Retained Equity	13 687 000	17 031 000	−1 821 000	−1 758 000
Total Equity	18 202 000	21 546 000	12 694 000	1 242 000
Total Long-Term Debt	0	23 700 000	24 900 000	26 100 000
Total Current Debt	8 247 000	9 110 000	1 421 000	7 091 000
Total Equity and Debt	26 449 000	54 355 000	39 014 000	34 433 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	306 000	2 474 000	2 379 000	2 222 000
Other Income	0	27 000	57 000	64 000
Revenue	306 000	2 502 000	2 436 000	2 285 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	79 000	79 000	79 000
Impairment	0	5 544 000	0	0
Expenditure	1 641 000	6 822 000	1 480 000	1 316 000
Operating Profit	−1 335 000	−4 321 000	956 000	969 000
Financial Income	364 000	23 257 000	784 000	441 000
Financial Costs	505 000	1 293 000	1 821 000	2 012 000
Financial Balance	−141 000	21 964 000	−1 037 000	−1 571 000
Dividends	0	0	0	0
Net Income	−3 344 000	18 852 000	−63 000	−470 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 868 000	659 000	641 000
Real Eastate	22 388 000	22 402 000	28 025 000	28 105 000
Machinery and Plant Facilities	1 999 000	1 999 000	1 999 000	1 999 000
Fixtures	0	0	0	0
Total Tangible Assets	24 388 000	24 402 000	30 025 000	30 104 000
Total Fiancial Fixed Assets	1 385 000	1 020 000	5 401 000	1 620 000
Total Fixed Assets	25 772 000	27 290 000	36 085 000	32 365 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	677 000	26 756 000	429 000	390 000
Total Current Assets	677 000	27 066 000	2 929 000	2 068 000
Total Assets	26 449 000	54 355 000	39 014 000	34 433 000
Total Equity	18 202 000	21 546 000	12 694 000	1 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	23 700 000	24 900 000	26 100 000
Creditors	89 000	891 000	292 000	139 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 158 000	8 218 000	1 129 000	6 952 000
Total Current Debt	8 247 000	9 110 000	1 421 000	7 091 000
Total Equity and Debt	26 449 000	54 355 000	39 014 000	34 433 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,37 %	87,5 %	−0,5 %	−37,84 %
Debt-to-Equity Ratio	0	1,1	1,96	21,01
Operating Profit Margin	−436,27 %	−172,7 %	39,24 %	42,41 %
Current Ratio	0,08	2,97	2,06	0,29
Quick Ratio	0,08	2,97	2,06	0,29
Equity Ratio	0,69	0,4	0,33	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %